The Initial Public Offering (IPO) of Shree Tirupati Balajee Agro Trading Company Limited, through a book-building process, has been opened for subscription on Thursday, September 5 and ended on Monday, September 9. The public offer was subscribed 68.98 times on the last day. Investors bid for Rs 98.70 crore. actions compared to 1.43 million shares available.
Shree Tirupati Balajee Agro Trading Company Limited IPO shares are priced between Rs. 78 and Rs. 83 per equity share, with a face value of ₹10 per share. Investors There are at least 180 shares available for bidding, and there are several shares available for bidding.
Non-institutional investors (NII) subscribed to the public affair Non-institutional investors (NII) were the largest subscribers to the IPO, up 107.85 times their allotted share on the last day. Qualified institutional buyers (QIBs) followed non-institutional investors (NIIs), who subscribed to the IPO 90.09 times in addition to their allotted share. retail investors The IPO was subscribed 40.27 times in the last day, according to the National Stock Exchange (NSE) IPO data.
Shree Tirupati Balajee IPO GMP today
As of September 9, the grey market premium (GMP) of Shree Tirupati Balajee IPO is ₹50. Gray market premium (BPM) is the investor’s willingness to pay more than the issue price.
The company price The band is at the top level of ₹83, and the estimated IPO price of Shree Tirupati Balajee is ₹133, according to investorgain.com. The public issue is expected to have a gain of 60.24 percent.
Shree Tirupati Balajee IPO details
Shree Tirupati Balajee Agro Trading Company Limited works with: manufacturing and sale of flexible intermediate bulk containers (FIBCs) or large flexible bags and other industrial products. packaging products such as woven bags, woven and narrow fabrics and tapes in the domestic and international markets in India. The company is active in sectors such as chemicals, agrochemicals, food, mining, waste management, agriculture, lubricants and edible oils.
The company public offering It comprised a fresh issue of up to 1.47 crore or 1,475,000 equity shares, an offer for sale (OFS) of up to 56.9 lakh or 56,90,000 equity shares and an anchor round allotment of 61.32 lakh or 61,32,000 equity shares, according to exchange data.
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